What is Section 115BAC of the Income-tax Act?

Section 115BAC of the Income-tax Act deals with the new tax regime introduced in the Union Budget 2020. The income tax slabs in the new tax regime has been proposed to be revised in Budget 2023. Here is all you need to know about the Section 115BAC of the Income-tax Act.

from Tax-Wealth-Economic Times https://ift.tt/IG7hofX